SolarMax Technology (SMXT) Accumulated Expenses (2023 - 2026)
SolarMax Technology's (SMXT) quarterly Accumulated Expenses came in at $18.0 million in Q1 2026, up 43.96% year-on-year from $12.5 million in Q1 2025, and up 25.86% on a QoQ basis from $14.3 million in Q4 2025.
SolarMax Technology (SMXT) Accumulated Expenses (2023 - 2026) Analysis & Trends
SolarMax Technology (SMXT) has 4 years of Accumulated Expenses data on file, last reported at $18.0 million in Q1 2026.
- On a quarterly basis, Accumulated Expenses rose 43.96% year-over-year to $18.0 million in Q1 2026; TTM through Mar 2026 was $18.0 million, a 43.96% increase from a year earlier, with the FY2025 full-year figure at $14.3 million, up 14.49% from the prior year.
- Accumulated Expenses for Q1 2026 stood at $18.0 million, up from $14.3 million in the prior quarter.
- Over the last five years, Accumulated Expenses for SMXT reached as high as $18.0 million in Q1 2026 and fell as low as $250492.0 in Q3 2024.
- Historically, Accumulated Expenses has averaged $12.6 million across 4 years, with a median of $13.3 million in 2025.
- Across the five-year window, Accumulated Expenses declined 24.31% in 2024 and jumped 5202.18% in 2025, its largest moves.
- Year by year, Accumulated Expenses stood at $16.5 million in 2023, then retreated by 24.31% to $12.5 million in 2024, then grew by 14.49% to $14.3 million in 2025, then grew by 25.86% to $18.0 million in 2026.
- Per Business Quant data, the three most recent Accumulated Expenses figures were $18.0 million in Q1 2026, $14.3 million in Q4 2025, and $13.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | First Solar | 22.08 Bn | 19.65 Bn | 486.13 Mn |
| 2 | Nextpower | 15.32 Bn | 14.23 Bn | 297.38 Mn |
| 3 | Enphase Energy | 4.98 Bn | 4.05 Bn | 100.39 Mn |
| 4 | JinkoSolar Holding | 3.20 Bn | -107.75 Mn | 147.66 Mn |
| 5 | Solaredge Technologies | 2.60 Bn | 2.04 Bn | 68.28 Mn |
| 6 | Sunrun | 2.35 Bn | 687.09 Mn | 407.49 Mn |
| 7 | Shoals Technologies | 1.55 Bn | 1.55 Bn | 41.01 Mn |
| 8 | Canadian Solar | 925.64 Mn | 166.07 Mn | 124.40 Mn |
| 9 | Array Technologies | 843.55 Mn | 642.85 Mn | 63.00 Mn |
| 10 | SolarMax Technology | 18.57 Mn | 13.99 Mn | 3.05 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 17.98 Mn |
| Dec 31, 2025 | 14.28 Mn |
| Sep 30, 2025 | 13.28 Mn |
| Jun 30, 2025 | 13.35 Mn |
| Mar 31, 2025 | 12.49 Mn |
| Dec 31, 2024 | 12.47 Mn |
| Sep 30, 2024 | 250,492.00 |
| Dec 31, 2023 | 16.48 Mn |